SWOT ANALYSIS OF MERCEDES BENZ SLK CLASS

Description
SWOT ANALYSIS OF MERCEDES BENZ SLK CLASS

SLK Class

Parent Company

Mercedes Benz and Daimler

Category

Sedan

Sector

Automobiles

Tagline/ Slogan

All you need for an enjoyable drive

USP

2-door sports car coupe from Mercedes Benz

STP

Segment

People who want to drive luxury cars

Target Group

Upper rich class businessmen who want cars as a status symbol

Positioning

A classy luxurious sedan for having a comfortable enjoyable drive

SWOT Analysis

1.SLK is a roadster that is at once sporty, light and short 2.Achieves 0-100kmph is 4.2 seconds 3.One of the most popular brand in terms of sales with over 40% choosing roadster as their Mercedes Benz car especially women 4.Mercedes Benz is one of the most popular brand names in the world Strength 5.It is a world leader in quality, luxury automobile segment

1.Mercedes Benz is an expensive car, thus has a limited target group 2.High maintenance cost and less mileage Weakness 3.Need good roads for better performance else might damage the car

1.Fast growing luxury automobile market 2.Increasing purchasing power parity Opportunity 3.Use the strong global brand presence to tap markets in India, China

and other emerging economies

1.Intense competition 2.Government regulations and increasing fuel prices Threats 3.Improvement in public transport

Competition

1.BMW 7 series 2.Porsche 911 Carrera 3.Jaguar 4.Ferrari 5.BMW M series Competitors 6.Audi R8



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